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KOCMANOVÁ, A. HORNUNGOVÁ, J. PAVLÁKOVÁ DOČEKALOVÁ, M.
Original Title
The Relationship between Corporate Environmental, Social and Governance Performance, and Economic Performance: Empirical Study on Czech Manufacturing Industry
Type
journal article - other
Language
English
Original Abstract
The article examines the relationship between environmental, social, governance (ESG) performance and economic performance of the Czech manufacturing companies. The aim of the empirical study is to test whether ESG performance improves economic performance of these companies. The interaction between ESG and economic performance indicators was tested in 79 Czech manufacturing companies. Data was acquired through empirical research in the Czech Republic, which was completed in 2011-2013. The analysis was performed using multiple linear regressions. The results show that the Czech companies in manufacturing industries do not exhibit a significant correlation between ESG performance, and economic performance.
Keywords
ESG indicators, economic indicators, performance, t-test, multiple linear regressions, correlation
Authors
KOCMANOVÁ, A.; HORNUNGOVÁ, J.; PAVLÁKOVÁ DOČEKALOVÁ, M.
RIV year
2014
Released
3. 2. 2014
ISBN
2309-0685
Periodical
International Journal of Economics and Statistics
Year of study
2
Number
1
State
United States of America
Pages from
170
Pages to
178
Pages count
9
BibTex
@article{BUT105515, author="Alena {Kocmanová} and Jana {Hornungová} and Marie {Pavláková Dočekalová}", title="The Relationship between Corporate Environmental, Social and Governance Performance, and Economic Performance: Empirical Study on Czech Manufacturing Industry", journal="International Journal of Economics and Statistics", year="2014", volume="2", number="1", pages="170--178", issn="2309-0685" }